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  5. BAM: I hold BAM as an income stock and also CAR. [Brookfield Asset Management Ltd. Class A Limited Voting Shares]
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Investment Q&A

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Q: I hold BAM as an income stock and also CAR.UN, both in a TFSA. Going forward, I am considering combining them into either BAM or CAR.UN. (And I also hold DIR.UN, a larger position than CAR.UN). I know 5iR likes diversification, however the family has a home and a cottage. If I combine them, what would you suggest as the one to hold, BAM or CAR.UN??? .....Thanks....Tom
Asked by Tom on July 17, 2024
5i Research Answer:

Both BAM and CAR.UN could do well in a declining interest rate environment. If we HAVE TO combine into one holding, we would side with BAM, we think BAM is a really high-quality, royalty-like business model that could grow dividends and compound earnings strongly over many years.